2009-469 i 1 0
RESOLUTION NO. 2009- 46
A RESOLUTION REQUESTING THE COUNTY OF COOK NOT TO COLLECT THE LOSS
IN COLLECTION ON TAXABLE PROPERTY IN THE VILLAGE OF BUFFALO GROVE
WHEREAS, the Village of Buffalo Grove has experienced a high level of property tax collections
from its residential and commercial property in Cook County as verified by audit and collection procedures;
and
WHEREAS, the County of Cook has made it a policy to extend additional amounts over and above the
annual tax levy requests of the Village of Buffalo Grove in order to offset any loss in collection of the tax levy;
and
WHEREAS, those additional taxes will not be needed by the Village of Buffalo Grove to perform its
operational, pension and debt service responsibilities to its citizens.
NOW, THEREFORE, BE IT RESOLVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF
THE VILLAGE OF BUFFALO GROVE, COOK AND LAKE COUNTIES, ILLINOIS, that:
SECTION 1. The County Clerk of Cook County is hereby directed not to levy the customary
percentage amounts for loss and collection as part of the extension of those levies requested by the
Village of Buffalo Grove in its 2009 Tax Levy Ordinance upon all taxable property within the Cook
County boundaries of the Village.
SECTION 2. The Village Clerk is hereby directed to send a certified copy of this Resolution to the
County Clerk of Cook County.
AYES: 5 - Braiman, GLover, Trilling, Stone, Sussman
NAYES: 0 - None
ABSENT: 1 -Berman
PASSED: December 7 ,2009 APPROVED: December 7 32009.
Village President
ATTEST:
Vill Jerk
VILLAGE OF BUFFALO GROVE
PROPERTY TAX COLLECTION HISTORY
TAX RATES, TAX LEVIES, AND TAX COLLECTIONS
LAKE COUNTY
COOK COUNTY
TAX
FISCAL
TAX
TAXES
TAXES
%
TAX
TAXES
TAXES
%
TOTAL
YEAR
YEAR
RATE
EXTENDED
COLLECTED
COLLECTED
RATE
EXTENDED
COLLECTED
COLLECTED
COLLECTED
1977
1979
0.680
227,927.00
227,989.00
100.03%
0.815
445,112.00
432,399.85
97.14°x6
98.12%
1978
1980
0.670
333,126.00
328,192.00
98.52%
0.852
486,057.00
472,839.43
97.28%
97.78%
1979
1981
0.661
435,129.00
424,251.00
97.50%
0.741
429,997.00
426,675.51
99.23%
98.36%
1980
1982
1.160
942,927.00
933,398.00
98.99%
1.041
766,529.73
764,919.12
99.79%
99.35%
1981
1983
1246
1,076,709.00
1,073,887.00
99.74%
1.298
1,028,867.18
1,008,272.55
98.00°x6
98.8996
1982
1984
1.064
954,484.00
952,573.00
99.80%
1.322
1,124,454.00
1,114,779.74
99.14%
99.44%
1983
1985
1.570
1,494,891.00
1,478,297.00
98.89%
1.985
1,612,841.20
1,605,597.54
99.55%
99.23%
1984
1986
1.681
1,762,461.00
1,759,475.80
99.831A
1.977
1,804,427.29
1,817,288.69
100.71%
100.28%
1985
1987
1.581
1,965,438.59
1,960,347.56
99.74%
1.906
1,729,719.47
1,728,139.70
99.91%
99.82%
1986
1988
1.395
2,160,094.01
2,173,978.85
100.64%
1.782
1,705,603.75
1,703,032.20
99.85%
100.29%
1987
1989
1.147
2,353,670.86
2,347,383.55
99.73%
1.561
1,569,282.46
1,575,917.92
100.42%
100.01%
1988
1990
1.050
2,748,750.89
2,745,057.59
99.87%
1.448
1,524,735.91
1,525,507.79
100.05%
99.93%
1989
1991
1.024
3,420,45123
3,415,560.73
99.86%
1.085
1,423,549.73
1,418,134.85
99.62%
99.79%
1990
1992
0.855
3,502,880.62
3,492,932.69
99.72%
0.959
1,405,703.83
1,397,223.32
99.40%
99.62%
1991
1993
0.882
4,230,474.91
4,228,993.97
99.96%
1.161
1,732,297.47
1,724,194.26
99.53%
99.84%
1992
1994
0.815
4,266,113.25
4,262,316.00
99.91%
0.907
1,595,695.86
1,579,177.32
98.96%
99.65%
1993
1995
0.793
4,562,819.21
4,555,177.82
99.83%
0.883
1,556,321.97
1,541,724.10
99.06%
99.64%
1994
1996
0.749
4,580,375.84
4,583,121.28
100.06%
0.895
1,539,328.60
1,531,022.29
99.46%
99.91%
1995
1997
0.726
4,855,828.18
4,876,310.65
100.42%
0.803
1,553,928.21
1,533,406.76
98.68%
100.00%
1996
1998
0.687
5,029,696.43
5,056,372.01
100.53%
0.785
1,533,649.85
1,522,160.89
99.25%
100.23%
1997
1999
0.675
5,198,349.44
5,224,400.83
100.50%
0.763
1,487,165.75
1,459,439.99
98.14%
99.97%
1998
2000
0.648
5,276,869.28
5,283,750.90
100.13%
0.719
1,517,971.93
1,512,600.43
99.65%
100.02%
1999
2001
0.653
5,595,209.20
5,602,218.60
100.13%
0.818
1,790,021.69
1,792,024.97
100.11%
100.12%
2000
2002
0.637
5,676,190.35
5,671,694.77
99.92%
0.855
1,862,422.98
1,845,059.56
99.07%
99.71%
2001
2003
0.647
6,188,984.45
6,191,083.96
100.03%
0.728
1,893,528.86
1,881,113.16
99.34%
99.87%
2002
2004
0.626
6,496,641.66
6,497,063.76
100.01%
0.714
2,010,411.24
1,991,315.67
99.05%
99.78%
2003
2005
0.615
6,833,964.01
6,833,112.31
99.99%
0.807
2,277,392.25
2,259,269.89
99.20%
99.79%
2004
2006
0.603
7,068,039.68
7,063,322.87
99.93%
0.785
2,515,385.37
2,467,359.11
98.09%
99.45%
2005
2007
0.608
7,690,488.20
7,692,966.67
100.03%
0.726
2,492,952.33
2,459,351.59
98.65%
99.69%
2006
2007/2008
0.633
8,389,126.91
8,393,596.67
100.05%
0.731
2,572,578.30
2,550,227.94
99.13%
99.84%
2007
2008
0.649
9,137,323.61
9,133,824.46
99.96%
0.729
2,937,238.45
2,871,082.57
97.75%
99.42%
2008
2009
0.665
9,648,296.25
8,376,174.18
86.82%
2,882,492.78
1,422,241.37
49.34%
78.19%
TOTAL
134,103,731.06
132,838,825.48
99.06%
52, 807, 664.44
50,933,500.08
96.45%
98.32%
TOTALS -LAST TEN FINAL
TAX YEARS-1 999 THRU 2008 68 ,352,837.35 68,362,634.97 100.01% 21,869,903.40 21,629,404.89 98.90% 99.74%